8The facility services over 100 car industries across many countries

8ArcelorMittal and Sekisui Chemical have been partnering on a project to capture and reuse CO2 emitted during steelmaking

8The market is expected to grow from $4.33 billion in 2022 to $4.63 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%

8German tyre company Continental has launched UltraContact NXT tyres, which use up to 65 per cent renewable, recycled, and mass balance certified materials- the most sustainable series tyre to date, as claimed by the company

8Thirteen rubber industry professionals were congratulated for completing ARPM's intensive training in rubber science and seal design

8The tire company which overpowered the field last year on Advan tires, is looking to repeat as King of the mountain in the 101st Broadmoor Pikes Peak International Hill Climb by fielding 27 drivers in multiple divisions during the 12.42-mile legendary “Race to the Clouds,” which takes place June 2023 in the United States

8The silicone structural glazing market grows at 9.5% CAGR, driven by construction demand and global disruptions

8The company’s executives will attend the virtual East Coast IDEAS Conference in June 2023 and conduct investor meetings

8The company expects robust Soda Ash demand in India, plans growth, and seeks to reduce debt

8Neste will build upgrading facilities at its Porvoo refinery in Finland to process 150,000 tons of liquefied plastic waste annually, as part of the PULSE project supported by a €135 million EU Innovation Fund grant

8BCCK has been deployed to design and construct an NRU facility, which will utilize its's 220 million ft /d NiTech Style IV NRU designed optimally for plants operating in both ethane recovery and rejection

8The global sports textile market is witnessing significant growth at a CAGR of 5.75%, positioning Technical Textiles as the 5th largest market globally, while the PLI Scheme for Textiles aims to drive production, attract investments of USD 2.5 billion, and generate 7.5 lakh new job opportunities

8A new era of revolutionary chemical manufacturing is about to begin with the opening of Hyundai Chemical's cracker facility in South Korea

8In South Korea, S-Oil Corp. is getting ready to restart its No. 2 Paraxylene (PX) facility

8Shandong Haihua Group, the largest soda ash producer in China, is reportedly planning to take offline its soda ash unit in China

8Brunei Methanol Company (BMC) is preparing to commence operations at its methanol plant located in Indonesia

Prices for triethanolamine in the imported market dropped, but rates in the Ahmedabad market fell.

According to petrochemical sources, the TDI GNFC exwork rate has dropped drastically.

On June 16, 2023, the price of TDI make GNFC decrease in the Mumbai market, according to information from Petrochem.

The cost of pendimethalin (30% ) has observed a decline in the domestic market of Ahmedabad.

An increase in 2 ethylhexanol prices has been noted in Mumbai today.

In the Mumbai market today, the prices of phosphoric acid 85% food grade experienced a decrease.

On June 16, 2023, phosphoric acid 85% TC  prices were quoted lower in the Mumbai market.

BPA prices were quoted lower on the Mumbai market on June 16, 2023.

On June 16, 2023, reports from petrochemical sources indicated that the imported prices of epichlorohydrin remained unchanged for several days due to a lack of purchasing activity in the chemical market.